Imposition of administrative fine for violations; withdrawal of certification.

Nev. Rev. Stat. § 616B.506
in effect
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The Commissioner shall impose an administrative fine, not to exceed $1,000 for each violation, and may withdraw the certification of any third-party administrator who: 1. Fails to comply with regulations of the Commissioner regarding reports or other requirements necessary to carry out the purposes of chapters 616A to 616D , inclusive, or chapter 617 of NRS; or 2. Violates any provision of NRS 616B.0275 or 616B.503 or any regulation adopted by the Commissioner or the Administrator concerning the administration of the plan of insurance.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-616B.htmlFetched: 10/4/2026